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Digitising commercial loans: Leading lenders make the shift

With more and more lenders making the move, the electronic lodgement of commercial loan applications is inevitable ....

Tony Carn , Nextgen Net , Nextgen Net Applyonline , Commercial Loans , Oan Lodgement ,

MKM launches digital loan application tools

MKM launches digital loan application tools subscribe A A Non-bank lender MKM has teamed with technology provider NextGen.Net to revamp its electronic lodgement and loan acquisition process. MKM has gone live with a full suite of NextGen.Net ApplyOnline tools, including its lodgement tool, compliance checks, and digital signatures and borrower ID. Previously, brokers had interacted with the lender via email. NextGen.Net customer account manager Mike Ponsonby reported the result has “digitised the broker lodgement experience from end to end”. Advertisement ); googletag.cmd.push(function() { googletag.display( div-gpt-ad-1606778455514-0 ); }); } Advertisement MKM managing director Graham Mendelowitz commented: “Until now brokers have been interacting with us via email. ApplyOnline, a tool they’re all familiar with, will allow them to submit and lodge their applications in a more efficient and effective manner. ....

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